Afternoon Update – Adding some Nasdaq Short Exposure Back
Slight shift in market dynamics. Most Cyclicals aren’t adding to gains this afternoon. Financials (-0.2%) are lower and Energy (+0.2%) is struggling, despite WTI Crude up +2%. U.S. Shale producers that helped get Donald Trump elected, are angry with his push to develop Venezuelan crude that will benefit the largest oil companies, while crushing U.S….
